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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Malagasy Ariary/Euro (FOREX:MGAEUR)
Weak Downtrend (-65) - MGAEUR is showing signs of a strengthening downtrend. Monitor MGAEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MGAEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGAEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGAEUR
The long-term trend has been UP since Nov 17th, 2024 at 0.00020274
The intermediate-term trend has been DOWN since Feb 16th, 2025 at 0.00020369
The short-term trend has been DOWN since Feb 16th, 2025 at 0.00020444
Smart Scan Analysis for MGAEUR
Based on our trend formula, MGAEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.000202 | 0.000202 | 0.000202 | 0.000202 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.000202 | 2025-02-22 01:41:06 |